This chart graphically illustrates the information
outlined in the Synthetic Fixed Rates chart. The Insured
MMD scale is compared to the BMA swap curve as well as
the 67% of LIBOR swap curve. This chart is a quick reference
for an issuer evaluating the economics of various types
of financing structures.
MMD: Municipal Market Data
BMA: Bond Market Association
LIBOR: London Interbank Offer Rate
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